Ahead of their latest edition, The Banker recently interviewed Olivier Paul, ICC Banking Commission’s Head of Policy. The cover article, “Is technology enough to plug the SME financing gap?” explores how developing standards around digital transactions and reforming regulation will be crucial in encouraging technology to support SME trade financing. In particular, technology has a role to play in facilitating lending to small businesses, and, as Olivier notes, such a process will require transparent dialogue and clear definitions of digital transactions.
Additionally, Olivier discusses how best to drive adoption in the industry, the need for open and transparent dialogue as well as the importance of a global initiative in driving adoption.
To find out more, please see the full article here.